Apple chief's remarks suggest slow approach to mobile payments

04/24/2013 | CNET

Apple CEO Tim Cook said mobile payments are "just out of the starting block," an indication that Apple is taking its customary cautious approach to a technology still maturing, writes Lance Whitney. "Apple will undoubtedly equip the iPhone and iPad with mobile payments technology at some point. But the company will apparently wait as long as it takes to make sure the timing is right," Whitney writes.

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